Social Media accounts it is good feed for review of registrations.
It really doesn't. KYC is as useless as verifying through telegram. You get real idenities sure, but what a mess. You also get easily faked ID's/stolen, which is the most damaging thing to crypto.
KYC verification are more destructive for the entire crypto climate than anything else ever conceived in crypto, it's very dangerous to share IDs with anyone. The only ones who should ever release their ID's are the ones who are making the ICO's or requiring users. Would these guy ever share their ID's with you? No, then you shoulden't either.
It's very dangerous for you to trust these non-reputable individuals with your information and for the future of cryptos as a whole, yet no one is discussing this.
You can blame Polymath for this, they don't want to work harder filter to filter puppets, so instead they want your ID.
There is probably nothing we can do to stop this, because the vast majority of people trying to do airdrops are very likely to hand over their info without a second thought. This has major repercussions, some of the worst repercussions we will see ever in crypto.
The best thing you can do if you're reading this, is to not give in to these new information whores, who are more than likely to flip your IDs on the darkweb for a profit.
Hah!! Finally!! I thought I was the only one to think that KYC requests for airdrops are nothing more than scams trying to steal your identity! I mean - I know there are certain exchanges that require this information for higher level withdrawals - and ICO's that are potentially dealing with large scale $$ but seriously why on earth in the age of repetitive scamming and airdrops being prolific with it - does someone purposely send your real ID to an unregulated crypto entity noone has ever heard of - just because they will "supposedly" give you some free tokens.
KYC is part of AML - and an airdrop shouldn't have any money transactions so why do they need this information if no money is changing hands?
So yes - I agree with everyone who thinks KYC for an airdrop is just outright rubbish. SMH at anyone who thinks a few random crypto tokens are worth your real ID dets. SMH...
I think that my "real" ID is kind of governmental rubbish anyway (this has little to do with my natural identity) and I am sweetly satisfied to earn something with this junk but of course I want to avoid troubles and because of this I am cautious. Maybe some day we have cryptografic identity which is separate from governmental databases.